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Search Results 0 to 7 of about 8 (some duplicates have been removed)
. heather: good thing. all right so growing concerns for the future of u.s. cities as stoc stockton, california heads to bankruptcy court. they racked up a billion dollars in debt in two years. we hear about other places in similar situation. some are wondering whether other u.s. cities will soon follow. matt mccall is president of financial group l. l. c. and countdown to the closing bell on fox network. california's 13th largest city officially heading to bankruptcy court today. a city in detroit trying to avoid the same thing, the largest city ever to be put under state control. if i live in a small town say in mississippi, i live in a farming community out in midwest or here in the big city of new york city, why do i care, how does it effect me, liz? >> it is interesting if you are part of a municipality that is in debt. when it comes to the clip that happened here situation probably unlikely unless your city finances are in such arrears and a dire state that you too should be watching. everyone can learn a lesson with what is happening in stockton, california today. heather: ta
channel 2 morning news. >>> the city of stockton goes to court and if they find they have done everything possible to pay its debts, they will become the largest to go bankrupt. they plan to say that the city has not done enough to cut spending but stockton faces another million dollar shortfall on july 1st. >>> two men died in a sky diving accident and in zephyr hills, the men did not deploy their parachutes. the student and teacher were jumping separately and the backup parachutes did not have enough time to deflate. this do this every year with sky diving. >>> they went up in flames last night while he was on the court in san jose and the third round of the ncaa tournament. michael carter williams' family was watching the game in the family home north of boston. nobody was hurt and investigators believe the fire started in a wood stove outside. later williams used twitter to update everybody and thanked everybody for prayers and said all that is important is that my family is okay. >>> take a look at this, a couple rescued from a car on t
of psychiatric help. after talking with police the suspect surrendered. no one was hurt. and and stockton is poised to become the most populous city in the nation to enter bankruptcy when its trial begins today in federal court. creditors who lent stockton money are challenging its chapter 9 bankruptcy petition, but most observers say the city of 300,000 will be successful. its largest creditors are bond insurers who helped the city refinance pension debt. police in south san francisco are searching for a serial arsonist who started three fires in the city over the weekend. police said two fires were lit in orange park on memorial drive and a third was started near the 500 block of el camino real. fiske all three fires were quickly extinguished and caused little damage, police said. no suspect information was immediately available. police search for arsonist this weekend police said two fires were lit in orange park on immediately available. the san mateo county sheriff's office is warning rash of 'door-knock' burglaries that have occurred in residential neighborhoods around san according
service come august. i am ann rubin, ktvu channel 2 morning news. >>> the city of stockton goes to court and if they find they have done everything possible to pay its debts, they will become the largest to go bankrupt. they plan to say that the city has not done enough to cut spending but stockton faces another million dollar shortfall on july 1st. >>> two men died in a sky diving accident and in zephyr hills, the men did not deploy their parachutes. the student and teacher were jumping separately and the backup parachutes did not have enough time to deflate. this do this every year with sky diving. >>> they went up in flames last night while he was on the court in san jose and the third round of the ncaa tournament. michael carter williams' family was watching the game in the family home north of boston. nobody was hurt and investigators believe the fire started in a wood stove outside. later williams used twitter to update everybody and thanked everybody for prayers and said all that is important is that my family is okay. >>> take a look at this, a couple rescued from a car on top of
idea like tracie or stockton would be a better place to have veteran housing but why not here. >> the plan for veteran housing is a long way from becoming a reality. heaton must get to the owners of the land, convince them to sell it and the city to build housing. >>> this will break your heart. a few months after he beat lymphoma, a 6-year-old boy is fighting for his life again against leukemia. he needs a bone marrow transplant to save his life. the leukemia is aggressive and chemotherapy will not cure it. the family has been told there are not many people of hispanic descent in the current database. finding a match will be extremely challenging. eduardo's classmates and teachers are spreading the word about finding a bone marrow match. the family hopes their son's story will inspire others to answer the call. >> i'm really convinced we can find it and save him and do whatever we need to do to convince the people to do the test. >> a bone marrow drive for eduardo will happen at river glen school next friday march 29th. it will start at 2:30 in the afternoon and end at 7:00.
of it to keep the private sector going. >> rising unemployment remains an issue in my stockton constituency. are-working families paying for the next months of seen a tax cut for millionaires. >> if the honorable gentleman looks at the figures today he will see that there are 131,000 more people in work over the last quarter. we have seen 600,000 more people employed compared with a year ago. that is what is actually happening in terms of employment. i have to say, when we look at the mess left by the party opposite, being given advice on economics on budget day from the party opposite is like asking enron for accountancy spies -- advice. >> mr. speaker, in less than a fortnight's time this government will have taken 3168 of my constituents -- [inaudible] thisthis not show conservative government is on the side of hard-working people? >> we have consistently lifted the personal tax allowance, the amount of money you earned before you start paying tax, starting at 6000 pounds and rising all the time. over 2 million people have been taken out of tax altogether. .> bridget phillipson >> does the pr
the city has done everything possible to pay its debt, stockton would be first city to file for bankruptcy. >>> lawyers for dr. conrad murray argue that prosecutors didn't prove jackson was hooked up to an i.v. drip of the drug that killed him. the defense theory claims that jackson administered the deadly doze himself while murray was away. murray is currently serving four years in prison. >>> apple has acquired a palo alto start up for a reported $20 million. wifi slam focuses on indoor mapping and has developed technology that can locate a users location using wifi. the purchase is among several the cupertino company has made in recent years in an effort to improve it's mapping capabilities. >>> the san jose city council is expected to improve an incentive couple for the expansion of samsung semi conductor. the deal was outlined in a signing with governor brown and senator reed. it includes reimbursements. samsung is a subsidiary of samsung electronics. >>> for many christians, easter is a time to reflect on god's gift to mankind but for others it can be a chance to delight on candy and
Search Results 0 to 7 of about 8 (some duplicates have been removed)

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